16910 NE 8th Ct, North Miami Beach, FL 33162 — MLS photo

Active · SingleFamilyResidence

$895,000

16910 NE 8th Ct, North Miami Beach, FL 33162

Beds: 5
Baths: 3
Living area: 2,236 sq ft
$ / sq ft: $400/sq ft
Year built: 1954
Lot size: 7,150 sq ft
HOA fee: —
Annual tax: $4,205

About this property

This North Miami Beach home is located right off the Golden Glades exchange which places this house in the center of I-95, 826,441, and the turnpike leading you anywhere in South Florida. It is less than four miles to Sunny Isles beach! North Miami Beach is the home of food market variety and has new plazas including Publix, TJ Max, Gas Stations, and Chipotle. Houses of worship as also close by. This 5/3 house has 3 bedrooms in the front and 2 in the back and is uniquely designed with a French glass door. The house has a manual gate and hedges around the property for privacy.

Property location

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16910 NE 8th Ct, North Miami Beach, FL 33162

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Facts & features

Interior

Bedrooms: 5
Bathrooms: 3
Living area: 2,236 sq ft
Flooring: Marble
Appliances: Electric Range, Electric Water Heater, Microwave, Refrigerator, Self Cleaning Oven, Washer
Cooling: Central Air, Ceiling Fans
Heating: Electric
Interior features: Bedroom On Main Level, Bathtub, Family Dining Room, First Floor Entry, Living Dining Room
Furnished: Unfurnished

Exterior & Structure

Property type: SingleFamilyResidence
Year built: 1954
Lot size: 7,150 sq ft
Architectural style: Detached, One Story
Roof: Shingle
Construction: Block
Exterior features: Fence, Security High Impact Doors, Lighting
Pool: None
View: None

Parking

Garage spaces: 0
Covered spaces: 2
Parking features: Driveway

HOA, Community & Financials

Security: Security System Leased, Smoke Detectors
Annual tax: $4,205
Subdivision: PANULETA GARDENS
County: Miami-Dade
Days on market: 287
MLS listing ID: A11800818
Listing status: Active

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Estimated monthly cash flow

$722

Cap rate: 6.7%
Net yield: 6.7%
Cash-on-cash return: 3.5%
Gross yield: 8.7%
Mortgage payment: $4,243/mo
Down payment: $223,750
Loan amount: $671,250
Annual NOI: $59,579

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.